| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $155M | $149M | -0.2% | 3.4% |
| Op. Income | $5M | $1M | $14M | 308.6% | -63.5% |
| Gross Margin | 21.8% | 22.5% | 26.9% | -0.7pp | -5.1pp |
| Net Margin | 6.6% | 6.6% | 8.0% | 0.0pp | -1.4pp |
| EPS (Diluted) | $0.08 | $0.08 | $0.10 | -0.4% | -16.9% |
| Free Cash Flow | -$2M | -$67M | $12M | 97.5% | -114.3% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $34M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $5M |
| Interest Income | $516.7K |
| Interest Expense | $5M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $17M |
| EBIT | $5M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $34M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $5M |
| Interest Income | $516.7K |
| Interest Expense | $5M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $17M |
| EBIT | $5M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $324M |
| Inventory | $7M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $377M |
| PP&E (Net) | $355M |
| Goodwill | $325M |
| Intangible Assets | $427M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $170M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $151M |
| Short-Term Debt | $9M |
| Deferred Revenue | $89M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $291M |
| Long-Term Debt | $346M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $135M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $567M |
| TOTAL LIABILITIES | $858M |
| Common Stock | $708M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | $54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $806M |
| Minority Interest | $0 |
| TOTAL EQUITY | $806M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $421M |
| Net Debt | $399M |
